Home Price Forecasts Revised for 2023 [INFOGRAPHIC]
Some Highlights
- Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
- While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.
- Connect with Blessings Realty, your trusted real estate experts, to find out what’s happening with home values in your local area.
Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]
Some Highlights
- Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
- Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.
- Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.
Article source https://www.keepingcurrentmatters.com/2023/08/04/housing-market-forecast-for-the-rest-of-2023-infographic-1/.
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 38
- Next Page »